Whirlpool initiated with a Neutral at Mizuho

Mizuho initiated coverage of Whirlpool (WHR) with a Neutral rating and $55 price target The company faces near-term margin pressure from tariffs, lower shipments, consumer softness, and potential for another dividend cut amid elevated earnings risk, the analyst tells investors in a research note. However, the firm believes Whirlpool’s restructuring plan and $300M “multi-year facelift” in laundry creates an opportunity to improve its operational performance over time.